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differentials and preferences for origin. We use a model of job search, savings and migration to show that job turnover is a crucial …
Persistent link: https://www.econbiz.de/10005510587
international wage differentials and preferences for origin. We use a model of job search, savings and migration to show that job …
Persistent link: https://www.econbiz.de/10013325227
Persistent link: https://www.econbiz.de/10008631261
In this paper we analyze a mechanism that is particularly relevant to the workings of the Great Recession: we explain how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of job search with liquid wealth accumulation and...
Persistent link: https://www.econbiz.de/10010222189
that the interdependency between household members is understated if wealth and savings are not considered. Finally, we …
Persistent link: https://www.econbiz.de/10012372764
international wage differentials and preferences for origin. We use a model of job search, savings and migration to show that job … increases migration rates of younger migrants. -- International migration ; job search ; job turnover ; savings ; structural …
Persistent link: https://www.econbiz.de/10003646713
analytically tractable model allowing moral hazard, adverse selection and hidden savings. Analytical results show that when the …. The only exception is when there is moral hazard and no hidden savings. In general, adverse selection problems calls for …
Persistent link: https://www.econbiz.de/10011513998
The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in a tractable model allowing moral hazard, adverse selection and hidden saving. Analytical results show that when the search productivity of unemployed is constant over the...
Persistent link: https://www.econbiz.de/10011414504
characteristic are correlated with more job opportunities. Policy simulations ten suggest that the risk pooling and savings component …
Persistent link: https://www.econbiz.de/10013130452
This paper discusses the interrelations among wealth, reservation wages and search effort. A theoretical job search model predicts wealth to affect reservation wages positively, and search effort negatively. Moreover, the model shows that reservation wages have a negative effect on search...
Persistent link: https://www.econbiz.de/10013102920